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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Evansville at 6551 Orchard Way Rd, Evansville, IN, 47712 earns $451/mo cash flow from $2,311/mo rent with a $1,517/mo payment. Total monthly income totals $2,311/mo, and annual cash flow totals $5,406/yr on $102,728 capital. ROI tracks 25.17% on current figures, and rental yield reads 8.95% at a $309,888 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,616 over five years. Five-year ROI reaches 130.84% and total cumulative return in cash sums $134,408. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,311/mo property income instead of your personal income.
Single Family
Built in 1999
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47712, Evansville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 6,822 (59.8%) |
| Renter Occupied HU | 3,381 (29.6%) |
| Vacant Housing Units | 1,214 (10.6%) |
| Median Home Value | $224,192 |
| Average Home Value | $254,495 |
Residential
10,381
Single Family
9,635
Multi-Family
746
Businesses
517
Date | Event | Price |
|---|---|---|
| 2025-07-16 | Listed for sale | $309,888 |
| 2021-09-12 | Listing removed | N/A |
| 2021-09-07 | Listed for sale | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-17 | $1576.44 | -12.72% | $245,000 | 18.19% |
| 2023-07-17 | $1806.20 | 23.74% | $207,300 | -8.36% |
| 2022-07-17 | $1459.72 | 2.42% | $226,200 | 20.13% |
Listed by: John P Czoer • FIRST CLASS REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202527770
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
